Content
Recommendation Engine Market Overview:
The global report on the Content Recommendation Engine Market predicts a 30% CAGR during
the forecast period of 2018 to 2023, where the market valuation would touch a
mark of around USD 6 billion. Market Research Future (MRFR) identifies the
growing demand for personalized content as one of the major traction providers.
Among others, rising competition in the market, demand from major companies who
wish to bolster their online presence, rapidly developing e-commerce sites, and
demand for search engine optimization are expected to provide substantial
support to the market.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6292
Segmentation:
The global market report on the content
recommendation engine market depends on a segmentation that includes a proper
study of component, organization size, filtering approach, and vertical.
By component, the content recommendation engine
market includes segments like solution and service.
By organization size, the study of the content
recommendation engine market covers small & medium enterprises and large
enterprises. The large enterprises are investing much to support their business
deals, which is bolstering the content recommendation engine market growth.
By filtering approach, the report on the content
recommendation engine market includes content-based filtering, collaborative
filtering, and hybrid filtering.
By vertical, the understanding of the content
recommendation engine market includes e-commerce, media, industrial, education
& training, retailer and consumer goods, entertainment & gaming, BFSI,
IT & telecommunication, and healthcare & pharmaceuticals.
Regional Analysis:
Major players are from North America, which would go
in favor of the North American market and help it retain its market presence
during the forecast period. A growing need to analyze user data is expected to
take the European market forward.
Competitive Landscape:
Certona (US), Amazon Web Services (US), Boomtrain
(US), Dynamic Yield (US), Curata (US), Cxense (Norway), Outbrain (US), IBM
(US), Kibo Commerce (US), Taboola (US), Revcontent (US), and ThinkAnalytics
(UK) are some prominent names involved in furthering prospects of the market.
This global market for content recommendation engine is banking on the
strategic changes implemented by these companies. These companies mainly focus
on improving their market stand using measures like a merger, acquisition,
innovation, launching of product, research, and others. But these also improve
the global market results. MRFR analyzed the latest moves made by these
companies to understand how the market is getting backed by various trends.
Industry News:
Recently, Bolo Indya, a Gurugram-based
user-generated content platform, announced its success in raising $300,000
Pre-Series A1 round of funding that was getting helmed by India Accelerator,
Eagle10 Ventures, and HNIs. The company is planning to invest the fund in
enhancing the development of language evangelists, personalization and
recommendation engine and improve the team to expand the portfolio and quicken
the pace of product development.
In April 2020, CNN announced the acquisition of
Canopy, an all-purpose content personalization structure that relies on
on-device machine learning, human curation, and differential privacy to assist
its readers discover things they prefer all the while putting a lid on their
private information. This new acquisition is in sync with the news agency’s
endeavors to stay abreast in a market that is primarily governed by Facebook
and Apple. Experts believe that the startup will emerge as an anchoring part of
CNN’s new projects.
The COVID-19 crisis has impacted several industries
and the content management system is not any exception. A huge amount of data
on the disease is getting churned out each minute and companies are trying to
filter out the fake and hook the best to get more audience. This might help the
market register better growth.
Get Complete Report Details at: https://www.marketresearchfuture.com/reports/content-recommendation-engine-market-6292
About Market Research Future:
At
Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment